Sudan seeks debt relief pledges, investment at Paris conference ...Middle East

Sudan hopes to entice investors and secure pledges to pay off its arrears to the International Monetary Fund at a conference in Paris on Monday, paving the way for wider relief on external debt of at least $50 billion. Sudan built up huge arrears on its debt, but recently made rapid progress towards having much of it forgiven under the IMF and World Bank's Highly Indebted Poor Countries (HIPC) scheme.

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